Monroe Capital Corporation (NASDAQ:MRCC) – Analysts at Oppenheimer Holdings raised their Q4 2016 EPS estimates for shares of Monroe Capital Corporation in a research note issued to investors on Tuesday. Oppenheimer Holdings analyst C. Kotowski now expects that the brokerage will earn $0.39 per share for the quarter, up from their previous forecast of $0.38. Oppenheimer Holdings also issued estimates for Monroe Capital Corporation’s FY2017 earnings at $1.64 EPS.

Monroe Capital Corporation (NASDAQ:MRCC) last issued its quarterly earnings data on Monday, November 7th. The company reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by $0.02. Monroe Capital Corporation had a return on equity of 11.09% and a net margin of 47.93%.

Earnings History and Estimates for Monroe Capital Corporation (NASDAQ:MRCC)

Other analysts also recently issued reports about the company. Ladenburg Thalmann downgraded Monroe Capital Corporation from a “buy” rating to a “neutral” rating in a report on Wednesday, August 10th. JMP Securities reiterated a “buy” rating on shares of Monroe Capital Corporation in a report on Tuesday, August 16th. Zacks Investment Research upgraded shares of Monroe Capital Corporation from a “sell” rating to a “hold” rating in a report on Wednesday. National Securities reiterated a “buy” rating and issued a $17.00 target price on shares of Monroe Capital Corporation in a report on Wednesday, August 10th. Finally, Wunderlich boosted their target price on shares of Monroe Capital Corporation from $15.50 to $16.00 and gave the stock a “buy” rating in a report on Thursday, July 21st. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $17.10.

Monroe Capital Corporation (NASDAQ:MRCC) opened at 14.62 on Wednesday. The stock has a 50 day moving average of $15.03 and a 200 day moving average of $15.00. Monroe Capital Corporation has a 52 week low of $10.02 and a 52 week high of $16.37.

Several large investors have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its stake in shares of Monroe Capital Corporation by 163.1% in the second quarter. Janney Montgomery Scott LLC now owns 331,980 shares of the company’s stock worth $4,924,000 after buying an additional 205,779 shares during the last quarter. Muzinich & Co. Inc. raised its stake in shares of Monroe Capital Corporation by 80.0% in the third quarter. Muzinich & Co. Inc. now owns 301,643 shares of the company’s stock worth $4,745,000 after buying an additional 134,055 shares during the last quarter. UBS Group AG raised its stake in shares of Monroe Capital Corporation by 2.0% in the first quarter. UBS Group AG now owns 239,088 shares of the company’s stock worth $3,311,000 after buying an additional 4,641 shares during the last quarter. Homrich & Berg raised its stake in shares of Monroe Capital Corporation by 2.3% in the third quarter. Homrich & Berg now owns 125,875 shares of the company’s stock worth $1,980,000 after buying an additional 2,793 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of Monroe Capital Corporation by 54.1% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 80,484 shares of the company’s stock worth $1,266,000 after buying an additional 28,243 shares during the last quarter. Institutional investors and hedge funds own 22.83% of the company’s stock.

About Monroe Capital Corporation

Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity.

5 Day Chart for NASDAQ:MRCC

Receive News & Stock Ratings for Monroe Capital Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monroe Capital Corporation and related stocks with our FREE daily email newsletter.